The future of Tesla (TSLA 1.15%) appears very bright. Some experts believe the company's new robotaxi service could add more than $1 trillion in value by the end of 2026. But there's one challenge few investors are paying attention to. This challenge could swiftly eliminate one of Tesla's most profitable revenue sources.Expect Tesla to lose part of this $2.76 billion revenue sourceIn recent years, nearly every electric car stock has benefited from automotive regulatory credits. These credits are earned unde ...

Core Viewpoint - Tesla is facing significant challenges, including a decline in market share and a public feud between its CEO and the President of the United States, which may alienate customers [1][2]. Tesla's Market Position - Tesla has been losing market share in key global markets, particularly in the United States, despite price cuts on its best-selling electric vehicles [1]. - The company is still delivering close to 2 million cars globally each year, although this figure has started to decline [5]. Rivian's Current Situation - Rivian's stock has plummeted over 90% from its all-time highs, trading below $15, despite an initial public offering that raised over $10 billion and a market cap exceeding $100 billion [3][4]. - Rivian's deliveries have flattened out, with guidance for 40,000 to 46,000 deliveries in 2025, down from over 50,000 in 2024 [5]. Challenges for Rivian - High price points for Rivian's trucks and SUVs have limited its market share growth, as customers have shifted to more affordable options from legacy brands [6]. - Rivian is currently experiencing significant financial losses, with a $655 million operating loss reported in the first quarter of 2025 [9]. Future Growth Prospects for Rivian - Rivian plans to launch a more affordable EV, the R2, in 2026, priced around $45,000, which could expand its addressable market [8]. - The company has $8.5 billion in cash, a $3.5 billion commitment from Volkswagen, and a potential $6.6 billion loan from the Department of Energy, providing a runway for scaling manufacturing [11]. Investment Perspective - Rivian should not be viewed as a quick play on Tesla's market share losses; the automotive and EV sectors require time for trends to materialize [13]. - Rivian's current market cap is approximately $16.5 billion, with annual revenue around $5 billion, indicating long-term potential if the company successfully executes its growth plans [14].

India SMID Portfolio Sona Blw Precision Forgings Ltd Rating Market-Perform (Outperform OLD) Price Target SONACOMS.IN 540.00 INR (550.00 OLD) 10 June 2025 Rating Change Venugopal Garre +65 6326 7643 venugopal.garre@bernsteinsg.com Ankit Agrawal, CFA +91 226 842 1441 ankit.agrawal@bernsteinsg.com Sona BLW: EV risks increasing-Downgrade to Market-Perform We are downgrading Sona BLW to Market-Perform. Trump–Elon tensions, the proposed "big, beautiful" bill phasing out EV subsidies, ongoing US–India trade issues ...

Financial Data and Key Metrics Changes - GM reported a revenue increase of over 9% year-over-year to $187 billion and record adjusted EBIT of $14.9 billion for 2024 [25][26] - The company has successfully launched several vehicles across its profitable ICE portfolio and growing EV business, strengthening its product portfolio [25] Business Line Data and Key Metrics Changes - GM became the number two seller of EVs in North America in the second half of the year, indicating strong growth in the EV segment [26] - The redesigned ICE SUVs, including Chevrolet Equinox, Traverse, and Tahoe, have been well received, contributing to market share growth [29] Market Data and Key Metrics Changes - GM's shareholder returns outperformed key competitors and the S&P 500 index last year, reflecting strong market performance [26] - The company is focusing on agile execution and innovation to align with consumer demand for ICE vehicles and the evolving regulatory environment [28] Company Strategy and Development Direction - GM is committed to achieving carbon neutrality in global products and operations by 2040, with a focus on reducing supply chain emissions [14][15] - The company is enhancing its manufacturing capabilities and supply chains in response to shifts in global trade policy [27][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in GM's ability to adapt to the new trade policy environment and emphasized the importance of American manufacturing [27] - The company is optimistic about its future, citing strong management and a commitment to teamwork and customer loyalty [32] Other Important Information - The board of directors has been refreshed to ensure diverse viewpoints and skills, with a focus on long-term shareholder interests [24][25] - The shareholder proposal on supply chain GHG emissions reduction strategies was not approved, indicating a lack of consensus on this issue [20][32] Q&A Session Summary Question: Board's succession process and AI expertise - The board's governance committee discusses a five-year succession plan and considers recruiting new directors based on strategic needs, with existing members possessing a range of skills including AI expertise [34] Question: Plans for Apple CarPlay in next-gen EVs - GM is focused on providing a holistic infotainment system that integrates seamlessly with vehicle functionality, rather than relying on external phone-based solutions [35][36] Question: Commitment to community initiatives - GM has increased corporate giving, focusing on road safety and STEAM education, while aligning investments with economic development in Detroit [38] Question: Access to GM Heritage Museum - The project for the museum will not be complete until the end of 2026, after which GM will consider how to allow shareholder access [40][41] Question: Plans for a seven-passenger SUV plug-in hybrid - GM is developing plug-in hybrids in strategic segments but has no specific announcements at this time; the Cadillac Bistric is highlighted as an option for customers [42][43]

Tesla sales in Europe and the U.K. have fallen by nearly half, according to data released Tuesday by the European Automobile Manufacturers Association. In April, Tesla sold 7,261 vehicles in the European Union, European Free Trade Association, and U.K., a 49% year-over-year decline.The fall in sales is particularly alarming considering Tesla recently launched a new Model Y vehicle, the kind of release that would typically attract more consumers. A closer look at car sales in the region shows that Tesla comp ...

Group 1: Dividend Risks - Both Ford and UPS are at risk of cutting their dividends due to challenging financial conditions, with UPS planning to pay out about $5.5 billion in dividends in 2025 and Ford potentially using up to 89% of its free cash flow (FCF) on dividends in 2025 [4][6] - UPS aims to pay out approximately 50% of its earnings in dividends, while Ford targets 40% to 50% of its FCF [2][4] - The trading environment has deteriorated, leading both companies to suspend or not update their guidance, with UPS experiencing a 9% decline in average daily volumes in the second quarter [5][6] Group 2: Company Performance - Ford's transition from internal combustion engine (ICE) vehicles to electric vehicles (EVs) is progressing slowly, with significant losses in its EV segment, reporting a loss of $5.1 billion in 2024 [10] - UPS is shifting its revenue mix from low-profitability business-to-consumer deliveries to higher-margin deliveries in small and medium-sized businesses (SMBs) and healthcare, which is expected to improve its financial performance [11][12] - UPS has seen impressive growth in its SMB segment, increasing its share of U.S. volume from 27% in 2021 to 28.9% in 2024, with a goal of reaching 40% [13] Group 3: Strategic Outlook - UPS is investing in productivity-enhancing technologies, which are expected to lead to cost reductions and improved returns on assets [12] - Ford faces significant challenges in the EV market, particularly with competition from Tesla, while UPS is on a better strategic trajectory despite near-term headwinds [14]

In this articleGM2025 Cadillac Escalade IQMichael Wayland / CNBCSAN FRANCISCO — Cadillac expects roughly one of every three vehicles it sells in the U.S. this year to be all-electric models, as the automaker continues to expand its EV lineup despite industrywide slower-than-expected adoption of the vehicles.The General Motors luxury brand is expected to offer five electric vehicles by the end of this year, including its recently launched Escalade IQ and Optiq entry-level crossover. They join the Cadillac Ly ...